gold cartel shakes the treeJim Sinclair has sent email subscribers an email alert regarding the latest take-down of the gold market by the bullion bank cartel. 
Sinclair states that the latest actions are not motivated by paper profits, but are an attempt by the cartel to shake free real physical gold bullion from weak hands in the cash market.    Gold is going to and through $3500 in the reasonably near future. The point of this entire operation was to shake the tree to accumulate not in the paper market for gold, but real free gold in the cash market.

The gold banks are short the real Mccoy, and are desperate for precious metal investors to liquidate their physical holdings in a panic.
Sinclair states that all that is necessary to win the battle is to do nothing, ie hold on to your gold.

Sinclair’s full update is below:

J.P. Morgan Chase & Co. said gold will rise to $1,800 an ounce by the middle of 2013, with the mining industry in South Africa “in crisis,” according to Bloomberg.
South Africa, once the largest gold producer, faces industrial unrest, high wage inflation and adverse regulatory changes for local mines, Allan Cooke, an analyst at the bank, said in a report dated today.

Gold will get a boost from prospects of more stimuli from the U.S., Japan and Europe, the potential for escalating instability in the Middle East and low interest rates, according to the report.
Geopolitical risk from the Middle East and the risk of war between Israel and Syria and Iran remains seriously underestimated by market participants and will provide support for both oil and gold.

North Korea has reportedly imposed martial law Wednesday, with leader Kim Jong-un reportedly informing his military to be ready for war.  Several reports claim that Jong-un has issued an order to complete preparations for a nuclear weapons test.

shell-game1Submitted by AboutAG:

Why Was 18.3Moz of Silver Deposited into the SLV Jan 16th?

The obvious answer is “JPM opened a new warehouse!”.
However, that does not answer the question, as only 10 Moz went into their new warehouse.

The experts seem to agree that one of the most plausible explanations is that JPM closed out their short position in SLV.
One or more people have 17,016,600 shares of SLV short (about 16,458,115oz) at last count (which could be a couple weeks old). It is believed that JPM is likely responsible for much or all of that short position. The unexplained addition of 17,410,210.4oz to SLV (remember, 967,881.6oz are considered a ‘normal deposit’) would cover the entire short position and then some. Or if another 967,881.6oz (1M shares) were a normal deposit, that would leave 16,442,329.4oz unaccounted for, almost exactly matching the short position.

It appears that JPM has found a way to bypass the COMEX re-entry process, making the transfer of bars from SLV to COMEX and vice-versa extremely simple.

imagesIn this episode of the Keiser Report, Max Keiser and Stacy Herbert for their 400th episode discuss Obeelzebub and Jamie Demon as the inevitable outcome of collateral faking, zombie banking and paper printing. They also discuss Russia’s central bank buying gold while David Cameron is telling porkies about UK national debt. In the second half of the show, Max Keiser talks to Ian Williams of Charteris Treasury about silver suppression and the bond-pocalypse.

Gold and silver have been hammered throughout COMEX trading today, with waterfall declines erasing the gains made yesterday on the large pops ahead of the FOMC statement on the GDP disappointment.
Silver is down over $1 from yesterday’s highs to $31.04, and gold is down $20 to $1656.

sinclairLegendary gold trader Jim Sinclair has sent an email alert to subscribers urging PM investors to stay the course, and to prepare to defend themselves against the bullion bank cartel. 
Sinclair states that gold and silver investors can beat the devil by gold and silver non violent resistanceSinclair states that simply not selling, and refusing to capitulate in the face of continued gold and silver manipulation will be enough to beat the devil known as the bullion banking cartel. 
The most experienced gold trader among the PM community urges readers to defend themselves by refusing to trade in the paper futures markets, and by not doing anything- just be right, and sit tight.

Sinclair’s full alert is below:

CNBC financial journalist Maria Baritromo interviewed Marc Faber, a contrarian Swiss investor and publisher of the Gloom Boom and Doom Report.

“You said a minute ago that markets go up and down, doesn’t gold go up and down too?” said Baritromo.  “Yes it does go up and down but I am fearful of a systemic crisis, wars and so on and it is because I am fearful that I own gold,” said Faber.

Faber then asked Baritromo if she owned any gold.  Her response was that I own earrings and jewellery. Faber relied, “Sorry to say you are in great danger because you don’t own any gold…but you have a golden personality!”